We’re excited to announce that Rick Osterloh has been named as President and COO of Motorola Mobility. Rick will assume the role today, reporting to the Motorola Operating Board at Google until the Lenovo acquisition is complete.

Other reports on Wednesday suggest that Lenovo leadership has pegged Osterloh as CEO, rather than COO. ZDNet has pinged Motorola Mobility for clarification, and we will update this post once we hear back.

UPDATE: Motorola confirmed that Rick Osterloh's new role is President and Chief Operating Officer.